National Bank, Harrisonburg, VA (Charter 11694)

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The National Bank of Harrisonburg, Virginia, ca2022, located on the corner of Main and Market Streets. This Classical Revival six-story building was building the the People's Bank of brick with Indiana limestone facing on the first and second stories. The second story has paneled pilasters aligned with the ones below and a frieze with paterae and stylized floral designs. At the fifth story level is a limestone string course and carved stone panels with cartouches, dolphins, sea shells, and other ornaments and the inscription Anno Domini MCMXVI.  New York City Architect Alfred Charles Bossom designed this building.
The National Bank of Harrisonburg, Virginia, ca2022, located on the corner of Main and Market Streets. This Classical Revival six-story building was building the the People's Bank of brick with Indiana limestone facing on the first and second stories. The second story has paneled pilasters aligned with the ones below and a frieze with paterae and stylized floral designs. At the fifth story level is a limestone string course and carved stone panels with cartouches, dolphins, sea shells, and other ornaments and the inscription Anno Domini MCMXVI.  New York City Architect Alfred Charles Bossom designed this building. Courtesy of Google Maps

National Bank, Harrisonburg, VA (Chartered 1920 - Open past 1935)

Town History

The National Bank of Harrisonburg, Virginia, ca1923, as viewed from the court house.
The National Bank of Harrisonburg, Virginia, ca1923, as viewed from the court house.

Harrisonburg is an independent city in the Shenandoah Valley region of the Commonwealth of Virginia. It is also the county seat of the surrounding Rockingham County, although the two are separate jurisdictions. At the 2020 census, the population was 51,814. The Bureau of Economic Analysis combines the city of Harrisonburg with Rockingham County for statistical purposes into the Harrisonburg, Virginia Metropolitan Statistical Area, which had an estimated population of 126,562 in 2011.

Harrisonburg is home to James Madison University (JMU), a public research university with an enrollment of over 20,000 students, and Eastern Mennonite University (EMU), a private, Mennonite-affiliated liberal arts university. Although the city has no historical association with President James Madison, JMU was nonetheless named in his honor as Madison College in 1938 and renamed as James Madison University in 1977. EMU largely owes its existence to the sizable Mennonite population in the Shenandoah Valley, to which many Pennsylvania Dutch settlers arrived beginning in the mid-18th century in search of rich, unsettled farmland.

Harrisonburg, previously known as "Rocktown," was named for Thomas Harrison, a son of English settlers. In 1737, Harrison settled in the Shenandoah Valley, eventually laying claim to over 12,000 acres situated at the intersection of the Spotswood Trail and the main Native American road through the valley. In 1779, Harrison deeded 2.5 acres of his land to the "public good" for the construction of a courthouse. The Rockingham County Court House was listed on the National Register of Historic Places in 1982.

Harrisonburg had three National Banks chartered during the Bank Note Era, and all three of those banks issued National Bank Notes.

Bank History

  • Organized Apr 6, 1920
  • Chartered May 1, 1920
  • Conversion of The Peoples Bank of Harrisonburg, Incorporated 1907
  • Bank was Open past 1935

In November 1907, the State Corporation Commission issued a charter the The People's Bank of Harrionburg. J.E. Reherd was president; T.J. Martin secretary; T.P. Beery, vice president, all of Harrisonburg. The capital was maximum $250,000 and minimum $100,000. The bank opened its doors for business the first day of April 1908. The officers were James E. Reherd, president; J.N. Mohler and Thomas P. Beery, vice presidents; Thomas P. Beery, cashier and D.B. Yancey, teller.

In April 1916, a contract was let for a $70,000 building for the People's Bank of Harrisonburg with five stories and 40 offices.

On September 14, 1940, James E. Reherd, 94, president of the National Bank of Harrisonburg, on of two remaining Confederate veterans in Rockingham County and an outstanding businessman and farmer, died at his home in Harrisonburg. He was the donor of the Reherd wing of Rockingham Memorial Hospital and was a member of the board of trustees of that institution. During the War Between the States, he served in Co. B, Mounted Infantry, 23rd Virginia and took part in many engagements including the battle of New Market. After the war he spent 10 years operating a sawmill. He sawed lumber for many of the barns replaced after the fires of the war. As president of the National Bank of Harrisonburg, he was at his desk every day.

Official Bank Title(s)

1: The National Bank of Harrisonburg, VA

Bank Note Types Issued

1902 Plain Back $20 bank note with printed signatures of Thomas P. Beery, Cashier and J.E. Reherd, President
1902 Plain Back $20 bank note with printed signatures of Thomas P. Beery, Cashier and J.E. Reherd, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $20 bank note with printed signatures of Thomas P. Beery, Cashier and J.E. Reherd, President. The Government Printing Office (GPO) prepared the overprinting plate used to produce this note.
1929 Type 1 $20 bank note with printed signatures of Thomas P. Beery, Cashier and J.E. Reherd, President. The Government Printing Office (GPO) prepared the overprinting plate used to produce this note. Courtesy of Heritage Auctions, www.ha.com
1929 Type 2 $20 bank note with printed signatures of S.J. Prichard, Cashier and J.E. Reherd, President. Barnhart Brothers & Spindler (BBS) prepared the overprinting plate used to produce this note. The overprint was shifted right into the border of this note
1929 Type 2 $20 bank note with printed signatures of S.J. Prichard, Cashier and J.E. Reherd, President. Barnhart Brothers & Spindler (BBS) prepared the overprinting plate used to produce this note. The overprint was shifted right into the border of this note. Courtesy of Lyn Knight Auctions, www.lynknight.com

A total of $1,784,970 in National Bank Notes was issued by this bank between 1920 and 1935. This consisted of a total of 143,798 notes (98,796 large size and 45,002 small size notes).

This bank issued the following Types and Denominations of bank notes:

Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Plain Back 3x10-20 1 - 24699
1929 Type 1 6x10 1 - 4862
1929 Type 1 6x20 1 - 1378
1929 Type 2 10 1 - 5830
1929 Type 2 20 1 - 1732

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1920 - 1935):

Presidents:

Cashiers:

Other Bank Note Signers

  • There are currently no known Vice President or Assistant Cashier bank note signers for this bank.

Wiki Links

Sources

  • Harrisonburg, VA, Wikipedia, https://en.wikipedia.org/wiki/Harrisonburg,_Virginia
  • Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
  • Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
  • Banks & Bankers Historical Database (1782-1935), https://spmc.org/bank-note-history-project
  • Richmond Times-Dispatch, Richmond, VA, Fri., Nov. 15, 1907.
  • Staunton Daily Leader, Staunton, VA, Mon., Mar. 2, 1908.
  • Richmond Times-Dispatch, Richmond, VA, Sun., Apr. 2, 1916.
  • The Bankers' Magazine, Vol. 107, July 1923-Dec. 1923, p. 601.
  • The Daily Review, Clifton Forge, VA, Mon., Sep. 16, 1940.
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